National Housing Survey

Survey finds Americans prefer homeownership – http://www.fanniemae.com/about/housing-survey.html

This new national survey gauging attitudes toward housing finds that two-thirds of Americans (65%) still prefer owning a home, despite the challenging economic environment and the housing downturn. 

Some highlights:

• 23% of renters said they will buy a home later than once planned
• Homeowners with fixed-rate mortgages with predictable payments are happier than those with other types
• 60% believe that it’s harder to buy a home than it was for their parents
• 68% believe that it will be more difficult for their children to buy a home
• 88% believe that walking away from an underwater mortgage is not acceptable
• Someone who has defaulted is more than twice as likely to have seriously considered stopping payments on their mortgage.

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